25 January 2013

WHAT IS INFLATION

Inflation, is an economic concept. The prices of everything goes up over time and this phenomenon is called inflation,  inflation makes the worth of money reduce.  Two important things......

Firstly: Do not keep your money stagnant. If you just save money by putting it your safe it will loose value over time. Always invest money.  The more money you keep stagnant the more money you will be loosing.    
Secondly: When investing, you have to make sure that the rate of return on your investment is higher than the rate of inflation.

1 comment:

  1. How to find out the return is more than the inflation and the avenues available for an ordinary man

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